Advanced Budgeting and Forecasting

Date: 11 – 12 November 2026
Miri, Sarawak.

Key Benefits of Attending
  • EXPLAIN the role of advanced budgeting and forecasting in strategic management
  • DISTINGUISH between budgeting, forecasting, planning and target-setting
  • DEVELOP integrated operating and financial budgets
  • APPLY driver-based budgeting and activity-based approaches
  • PREPARE flexible budgets for different levels of activity
  • DEVELOP rolling forecasts and continuous forecasting systems
  • PREPARE reliable sales, cost, profit and cash-flow forecasts
  • APPLY trend, regression and other quantitative forecasting techniques
  • PERFORM sensitivity and scenario analysis
  • DEVELOP best-case, base-case and worst-case scenarios
  • ANALYSE budget-versus-actual performance using advanced variance analysis
  • IDENTIFY the causes of significant variances and recommend corrective action
  • USE KPIs and dashboards to monitor financial performance
  • INTEGRATE budgeting with strategic planning and business objectives
  • APPLY Excel and AI tools to improve budgeting and forecasting
  • DEVELOP a practical budgeting and forecasting framework for their organisation